Alonso Tello To Lead AXA XL's New Canada Captive Practice

AXA XL has launched a local captive practice in Canada that will be led by Alonso Y. Tello.

Urs Uhlmann, CEO and country manager for AXA XL, Canada, said, "We are very excited to launch local captive capabilities in Canada. As a global practice, our specialized background will lead our growing business in the country while continuing to strengthen existing relationships with clients and brokers from all industries and sectors."

Mr. Tello's appointment is part of AXA XL's continued growth to bring in top talent and expand the group's services for Canadian large commercial customers and brokers.

Regarding Mr. Tello's appointment, Mr. Uhlmann added, "We are particularly excited to kick off this new Canada-based practice with the leadership of a captive expert like Alonso. His vast experience in the space will be a great asset to our Canada-focused practice by combining his expertise in the international market with AXA XL's unparalleled global capabilities."

In this new role, Mr. Tello will oversee the continued growth of AXA XL's captive business in Canada. He will provide technical support across business lines in structuring global captive programs, ensure global programs are in compliance and following best practices, and work with AXA XL clients and broking partners to develop new and innovative captive products.

Mr. Tello joins AXA XL from Zurich in London where he most recently served as senior fronting manager—captive services and alternative risk transfer (commercial insurance United Kingdom). He brings a decade of experience in the industry focusing on captive, integrated multiline multiyear, loss portfolio transfers, and large multinational property and casualty lines.

Photo of Mr. Tello courtesy of AXA XL.